Storage Hardware Market 2007-2010

Data storage requirements are doubling every 18 months and the increase of appetite for faster, bigger storage arrays are increasingly growing to keep up with business needs. Digitalization of content, data protection, disaster recovery and business continuity solutions, and long-term data retention, continue to make positive contributions to storage capacity growth. Content-rich business applications in areas such as telecommunications, media/entertainment, and Web 2.0 are also driving storage capacity needs.

In addition, storage currently accounts for 37-40% of overall data center energy usage from hardware. Thus, environmental concerns and corporate sustainability requirements are driving demand for environment friendly storage hardware.

The report forecasts the market size of storage hardware over the period 2007-2010. Further, the total market is segmented into various geographic regions and verticals. The report also presents markets size for major countries in various regions. In addition, the report identifies major selling drivers for the storage hardware for the major verticals.

This report can help IT vendors identify target geographies and verticals. Further, the identified sales drivers can be used to penetrate the identified vertical or increase current share of the customer's wallet.

TechNavio Insights is a set of reports based on TechNavio - a market intelligence platform for the IT industry. It builds on the intelligence available within TechNavio, and leverages on the custom research experience of the 'Technology Navigators'. TechNavio is built on years of experience of Infiniti Research in deep dive custom research and consulting for over 30 Fortune 500 companies and numerous large and mid-sized companies.